Paul Schultz, CEO, Aon Securities, talks to Intelligent ILS about the seasonal summer low, increasing trading in the secondary market and preparing for Monte Carlo.
As the summer months approached, activity in the insurance-linked securities (ILS) market started to slow, with the majority of issuance being seen in the first half of the year.
However, despite the seasonal lull, Paul Schultz, CEO, Aon Securities, says that he expects to see a slight closing of the gap between last year’s issuance and this year’s.
“We’re in a phase where clients have completed their issuances, but there isn’t an endless pipeline of new deals coming to market. Having said that, we are continuing to structure a significant number of transactions,” he says.
ILS, Aon Securities, cat bonds, Q2
